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IGNITE X

Open bankruptcy
Private limited companyfounded 2020Rue du Moulin à eau(J) 33, 7050 Jurbise, BelgiumKBO/BCE: BE 0758.774.778

A bankruptcy procedure is open for IGNITE X according to publications in the Belgian State Gazette; curator: LUDIVINE DEWELLE.

Summary

The 2021 annual accounts show equity of €104,524 and a net result of €99,424.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Hainaut, Mons division
Declared bankrupt
9 October 2023
Supervising judge
Pierre Gobin
Official Gazette
16-10-2023 (pdf) ↗search the document for 2023/138411

Deadlines

Provisional date payments stopped
9 October 2023A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 31 October 2023Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 8 November 2023art. XX.104 and XX.155 CEL
First verification report
passed on 8 December 2023Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 9 October 2024Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Ludivine DewelleAvenue D’Hyon, 49/0-1, 7000 Mons- . Date provisoire de cessation de paiement : 09/10/2023l.dewelle@avocat.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 04-08-2022, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2021
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2021 accounts 4 days after the deadline; the sector median for financial year 2021 is 2 days after the deadline, and 51% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 26 November 2020, IGNITE X was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2021.2 The company was declared bankrupt on 9 October 2023.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021
  3. 3Belgian State Gazette, 16-10-2023

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€99,424
Working capital
€31,517
Balance-sheet composition
Assets €287,809
Fixed assets €80,036
Current assets €207,773
Equity and liabilities €287,809
Equity €104,524
Debt €183,285
Debt finances 63.7% of the balance-sheet total.
Key figures and ratios
2021 value
EBITDA
€237,265
Cash flow
€115,635
Current ratio
1.18
Quick ratio
0.94
Debt to equity
1.75
ROE
95.1%
ROA
34.5%
Interest coverage
2.40
Debt ≤ 1 year
€176,256
Debt > 1 year
€6,330
Income taxes
€37,928
Annual accounts
Filed annual accounts As filed with the NBB · 2021 · 41 lines
Balance sheet Code2021
Assets
Total assets20/58€287,809
Fixed assets21/28€80,036
Tangible fixed assets22/27€80,036
Furniture and vehicles24€80,036
Current assets29/58€207,773
Stocks and contracts in progress3€41,940
Stocks30/36€41,940
Amounts receivable within one year40/41€155,322
Trade receivables40€85,793
Other amounts receivable41€69,528
Cash at bank and in hand54/58€3,828
Deferred charges and accrued income490/1€6,683
Equity and liabilities
Total equity and liabilities10/49€287,809
Equity10/15€104,524
Contributions10/11€5,100
Profit (loss) carried forward14€99,424
Amounts payable17/49€183,285
Amounts payable after more than one year17€6,330
Financial debts170/4€6,330
Amounts payable within one year42/48€176,256
Current portion of amounts payable after more than one year42€34,637
Financial debts43€5,270
Credit institutions430/8€5,270
Trade debts44€94,137
Suppliers440/4€94,137
Taxes, remuneration and social security45€42,211
Taxes450/3€42,211
Accrued charges and deferred income492/3€700
Income statement Code2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,212
Other operating charges640/8€13,548
Gross operating margin9900€250,813
Operating profit (loss)9901€221,054
Financial income75/76B€14,995
Recurring financial income75€14,995
Financial charges65/66B€98,698
Recurring financial charges65€98,698
Profit (loss) for the period before taxes9903€137,351
Income taxes67/77€37,928
Profit (loss) for the period9904€99,424
Profit (loss) for the period to be appropriated9905€99,424
Appropriation of the result
Profit (loss) to be appropriated9906€99,424

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,212
Other operating charges640/8€13,548
Gross operating margin9900€250,813
Operating profit (loss)9901€221,054
Financial income75/76B€14,995
Recurring financial income75€14,995
Financial charges65/66B€98,698
Recurring financial charges65€98,698
Profit (loss) for the period before taxes9903€137,351
Income taxes67/77€37,928
Profit (loss) for the period9904€99,424
Profit (loss) for the period to be appropriated9905€99,424
Line2021
Assets
Total assets20/58€287,809
Fixed assets21/28€80,036
Tangible fixed assets22/27€80,036
Furniture and vehicles24€80,036
Current assets29/58€207,773
Stocks and contracts in progress3€41,940
Stocks30/36€41,940
Amounts receivable within one year40/41€155,322
Trade receivables40€85,793
Other amounts receivable41€69,528
Cash at bank and in hand54/58€3,828
Deferred charges and accrued income490/1€6,683
Equity and liabilities
Total equity and liabilities10/49€287,809
Equity10/15€104,524
Contributions10/11€5,100
Profit (loss) carried forward14€99,424
Amounts payable17/49€183,285
Amounts payable after more than one year17€6,330
Financial debts170/4€6,330
Amounts payable within one year42/48€176,256
Current portion of amounts payable after more than one year42€34,637
Financial debts43€5,270
Credit institutions430/8€5,270
Trade debts44€94,137
Suppliers440/4€94,137
Taxes, remuneration and social security45€42,211
Taxes450/3€42,211
Accrued charges and deferred income492/3€700
Line2021
Profit (loss) for the period9904€99,424
+ Depreciation and write-downs630€16,212
Operating cash flow (approximation)€115,635

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
27-03
Bankruptcy Supervising judge replaced
Tribunal de l’entreprise du Hainaut, division Mons · event 23-03-2026
2023
16-10
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · event 09-10-2023
2022
04-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 4 days late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Jurbise · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,902 m²
Building footprint
751 m²
Volume, LiDAR
9,231 m³
2 parcels, Wallonia · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
IGNITE X
Avenue du Château Jaco 1, 1410 WaterlooRetail trade
since 20202.316.218.953
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25110B0610/00F000 Wallonia 1,823 m² 1 · 594 m² 16.9 m · 5 fl.
53044B0507/00M000 Wallonia 79 m² 1 · 156 m² 6.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LUDIVINE DEWELLE
AVENUE D’HYON, 49/0-1, 7000 MONS- . Date provisoire de cessation de paiement : 09/10/2023
09-10-2023 → present

Similar companies · same sector, comparable size

Of 12,955 companies in sector 47120 we hold annual accounts for 2,193. 1,504 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded26-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47120Other non-specialised retail sale
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.